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20121205
20121213
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CNBC 2
MSNBC 1
MSNBCW 1
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Search Results 0 to 4 of about 5 (some duplicates have been removed)
CNBC
Dec 5, 2012 4:00am EST
hand on the fiscal cliff. house speaker john boehner's facing something of a revolt within gop's ranks over his budget plan. we'll have the latest from washington when we come back. >>> talks between the white house and republicans over the fiscal cliff have ran to something of a holt. john boehner dealing with division in the gop's ranks to his bung budget plan. another shanghai surprise. china's mainland market surge nearly 3%. more austerity. plus, austerity measures are hitting european consumers. retail sales in october fall much more than expected. september also revised sharply to the downside. >>> it was a flat day really for european stocks, slightly negative for u.s. stocks yesterday. we are a little bit higher. the dow is currently some 43 points above fair value. the nasdaq is around four points above fair value. the s&p 500 at the moment is around about four points above fair value. european stocks are up half a percent earlier. we have come off those highs. eurozone pmis a little bit better than expected. but still deeply in contraction territory. uk services pmis dipped
FOX News
Dec 5, 2012 3:00am PST
to go off of the fiscal cliff . so would that be something that would factor in to trying to make progress in the first year of the term? >> yeah, that is a big gammle. it is being. either it is going to work and the republicans are going to come back and negotiate with him. or set us off in another recession and derail the second term before it starts. the president is taking a gammle there. it is posturing now. that is a big issue. either he will get entitlement reform and fiscal cliff done or go off of the tracks and he might not recover from it. >> gretchen: there is another scandal that happened before the election and still out there with a lot of unanswered questions. i am talking about benghazi, libya where four americans were murdered. news that the president may nominate united states un ambassador susan rice to secretary of state. how do you think it will play out? >> nomination fights to begin a second term is not a good thing. fdr needed senate approval and that derailed his first. president bush had the fight with john tower in the first term. not a great way to star
MSNBC
Dec 6, 2012 3:00am PST
cliff. >> i know, the way he said that was unnerving. let me tell you something. >> it's also just that egotism that everybody reacts to. >> i was in china for ten days and with a group of mayors, the mayor of philadelphia, beijing, mayor nutter. and you know, people in china are asking about the fiscal cliff. everywhere we went. what's going on with you people? so the world is watching. and it's not just us. and i don't care, maybe you think the chinese, well, too bad for them, but it's not just the chinese, it's europe, and they're blaming the fact that their economies aren't going based on the fact that we're in this stalemate. you know, it's huge. >> harold, i mean, it all comes down to leadership. you know, when you talk to business owners, they want leadership shown. i'm glad the president is talking to business leaders now. >> and a debater on the phone. >> not only the administration but also on the other side of pennsylvania avenue with the republicans and harry reid in the senate. you're just not seeing it. >> you don't see enough of it. curiously, the markets -- investor
CNBC
Dec 6, 2012 6:00am EST
anything done. the fiscal cliff hits. the arguments i just pa about the withholding tables and cutting spending, are not generally talked about. a lot of people deny they can be done. we're confident they can. so the question then becomes what's the impact, where is the impact. and the impact is equity markets end of next week will say these guys aren't going to get it done, we won't have a deal january 1, everything falls apart, that's assuming of course we all get past december 21st. >> so basically week and counting before you think the equity market really drops significantly? >> if we do get a deal done do, we just maintain the 2% that we're stuck in with the high unemployment and not go down? or does it actually allow us to start growing again? is anybody talking growth? >> we're talking growth. >> is it possible to ever get back to that in this environment? >> it is. you have a lot of problems with the piece. >> do you briyou believe if you rote deficit -- two different ways. you either keep the government that you have and pay for it by raising taxes, or you kind of leave taxes
Search Results 0 to 4 of about 5 (some duplicates have been removed)